Dr Kate Cornick
Accelerator

LaunchVic is on the hunt for budding startup founders to tackle key health issues facing young people

- April 29, 2022 2 MIN READ

Victoria’s startup agency LaunchVic, is partnering with the state’s health authority VicHealth to harness the power of entrepreneurship and innovation to tackle of the key health issues of young people with a new accelerator program. The VicHealth X LaunchVic CivVic Challenge is looking for aspiring founders and early stage startups keen to find solutions that… Read more »

Funding

Medibank backs health startup Medinet with $10 million

- March 17, 2022 2 MIN READ

Health insurance fund Medibank Private has taken a minority stake in telehealth app Medinet with a $10 million investment. The app offers 24/7 telehealth consultations with a GP as well as door-to-door prescription delivery. The funds will be used to scale and develop the platform’s technology. Founded in 2019 by a group health care professionals,… Read more »

Funding

Digital medtech startup Andi Health raises $600,000 in pre-seed round

- March 11, 2022 2 MIN READ

Sydney-based digital health startup Andi Health has raised $600,000 in pre-seed funding. The round was led by Melbourne VC Brenteca Investments. The cash is for Andi to build what it says is “the world’s first human health coach in your pocket”. Andi’s subscription-based health management platform integrates a range of health devices and analytics, combining them… Read more »

Bronwyn Le Grice
Other tech

There’s a big focus on helping kids in the five medtech startups backed by ANDHealth’s new commercialisation program

- December 20, 2021 2 MIN READ

ANDHealth has revealed the five startups chosen to be a part in its Medical Research Future Fund (MRFF) funded ANDHealth+ program. Australia’s only not-for-profit digital health commercialisation organisation is sharing a pool of $3.75 million in funding between the five ventures via the ANDHealth Digital Health Accelerator Fund. The five-month program also includes more than… Read more »

Nic Blair
Other tech

Insurer nib takes 50% stake in medtech startup Midnight Health in $4 million deal

- November 25, 2021 2 MIN READ

Digital health startup Midnight Health has partnered health insurer nib, in a $4 million deal for a 50% equity stake in the business.  The healthtech venture launched its first platform, Youly, in February this year, offering delivery of the Morning After Pill along with additional women’s healthcare needs, such as the contraceptive pill, thrush, sleep… Read more »

Bronwyn Le Grice
Other tech

US VC ‘unicorn collector’ Lisa Suennen is chairing a new Australian investment committee looking to ramp up digital health startup backing

- November 23, 2021 2 MIN READ

A new, female-led group looking to tackle investment in the digital health space is looking the ramp up support for startups with an international panel of experts for advice and support.  ANDHealth CEO Bronwyn Le Grice is driving the project, recruiting Lisa Suennen, known as a “unicorn collector” in the US digital health sector, to… Read more »

Prospection
Funding

Healthcare data analytics startup raises $45 million series B

- September 13, 2021 2 MIN READ

Sydney health analytics startup Prospection, which uses AI and machine learning to provide patients insights on potentially life-threatening diseases, has raised $45 million in a series B. The round was led by Ellerston Capital’s JAADE fund, chipping in $30 million, with the balance coming from existing backers, the CSIRO VC fund Main Sequence Ventures, and Hong… Read more »

Peter Vranes, Hitesh Mehta
Funding

Molecular data startup Nutromics raises $5.7 million for its patient monitoring technology

- August 27, 2021 2 MIN READ

A molecular medicine startup hoping to save lives through a wearable sensor its creators say is like a “lab-on-the-skin” has raised $5.7 million. Melbourne healthtech venture Nutromics was co-founded Hitesh Mehta and Peter Vranes in 2018 after developing their idea in the MedTech Actuator program. They’ve built what they call a Continuous Molecular Monitoring (CMM)… Read more »

Other tech

Patient monitoring startup Digitology Healthtech raises $900,000 after the CEO used the medtech to save his own life

- January 14, 2021 2 MIN READ

When Michael Koss landed in India last year to work on developing his joint venture Australian-Indian startup, Digitology Healthtech, little did he realise the important role the technology would play in his own health and saving his life.  Koss is CEO of Health and Patient Services (HPS), which is developing the startup with Indian healthcare… Read more »

Startup Daily TV

Startup Daily TV: Bootstrapped surgery training app ScrubUp is looking for investors and a hospital to trial its lifesaving healthtech

- August 25, 2020 < 1 MIN READ

ScrubUp is a cloud-based surgical preparation app that bridges the gap between hands-on experience for nurses and brushing up on best practice procedures in their own time. Surgical nurse and educator Marrianne McGhee founded ScrubUp in 2016 and has taken the healthtech app global to help instruct surgical technicians and nurses on the correct preparation procedures… Read more »